?? From new laws to budget proposals, the world of tax breaks is evolving. Which proposals catch your attention? Join the discussion in the comments and share your insights! #TaxBreaks #BudgetProposals Why You Might Be Responsible For Paying Your Parents’ Medical Debts
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?? From new laws to budget proposals, the world of tax breaks is evolving. Which proposals catch your attention? Join the discussion in the comments and share your insights! #TaxBreaks #BudgetProposals Why You Might Be Responsible For Paying Your Parents’ Medical Debts
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
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Filial responsibility laws might make you responsible for your parents' medical debts. It's crucial to understand and plan for this potential liability in your financial plan. Learn how to protect your finances from this Forbes article. #FinancialPlanning #WealthManagement #CayucosWealth https://lnkd.in/ey3mbNTH
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
https://cayucoswealth.com
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Filial responsibility laws can pose a significant financial risk for families, particularly younger couples. These laws, found in over 30 states, hold children accountable for their parents' medical debts, including long-term care expenses. With long-term care costs surpassing $100,000 per year, understanding these laws is crucial to protect family assets. Authorities have even placed liens on children's properties in some cases. Stay informed on this important topic: https://lnkd.in/dgK7vR54
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
social-www.forbes.com
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Filial responsibility laws can pose a significant financial risk for families, particularly younger couples. These laws, found in over 30 states, hold children accountable for their parents' medical debts, including long-term care expenses. With long-term care costs surpassing $100,000 per year, understanding these laws is crucial to protect family assets. Authorities have even placed liens on children's properties in some cases. Stay informed on this important topic: https://lnkd.in/eRPWSHqA
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
social-www.forbes.com
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Nevada See also:?Nevada 2024 ballot measures TypeTitleDescriptionLRCA Question 1Remove the constitutional status of the Board of Regents—which governs, controls, and manages the state universities in Nevada—thereby allowing the state legislature to review and change the governing organization of state universitiesLRCA Question 2Revise language in the state constitution related to public entities that benefit individuals with mental illness, blindness, or deafnessCICA Question 3Establish top-five primaries and ranked-choice voting (RCV) for federal and state offices in NevadaLRCA Question 4Repeal language from the Nevada Constitution that allows the use of slavery and involuntary servitude as criminal punishmentsLRSS Question 5Amend the Sales and Use Tax of 1955 to provide a sales tax exemption for child and adult diapersCICA Question 6Provide for a state constitutional right to abortion before fetal viabilityCICA Question 7Require that Nevada residents present a form of photo identification to verify their identity while voting in person, or to verify their identity using the last four digits of their drivers license or social security number when voting by mail
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?? Exciting news! A proposal for tax exemption for individuals with Autism Spectrum Disorder is currently under review in the Senate. This project aims to alleviate the tax burden on individuals with ASD and their caregivers by exempting them from income taxes. Read more about this important proposal at https://ift.tt/JCLYo8b. #TaxExemption #AutismAwareness
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An important conversation to have within your family. Who is going to be responsible for your aging parent's medical bills and/or care if they are unable to afford it for themselves? Do not neglect to have this conversation even though it is difficult. Failing to plan is actually a plan.
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
advisorstream.com
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An important conversation to have within your family. Who is going to be responsible for your aging parent's medical bills and/or care if they are unable to afford it for themselves? Do not neglect to have this conversation even though it is difficult. Failing to plan is actually a plan.
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
advisorstream.com
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There is an interesting development brewing in relation to the collateral succession of immovable property in Jersey. The Legislation Advisory Panel has drafted a proposed amendment to the Wills and Successions (Jersey) Law with a view to changing how land is distributed in circumstances where one dies intestate (without a valid Will in place) and without direct descendants (i.e. a spouse and/or children).?It is important to note that this amendment has no effect should you be survived by a spouse and/or children. At present, the law provides that freehold property/land will revert to the side of the family from which it was inherited by the deceased. If it cannot be established which side of the family the property originated, however, preference will be given to the paternal side.?Although this principle underpins Jersey’s succession law, the amendment seeks to address inherent issues of inequality and bring Jersey in line with its obligations under the Convention on the Elimination of All Forms of Discrimination against Women (‘CEDAW’). Favourable treatment of the paternal side of the family in relation to the succession of movable assets where there is equal proximity between multiple heirs (whether of paternal or maternal origin), was abolished in 1993, so it is perhaps time that the same be considered in respect of Jersey immovable property. The ultimate intention is to avoid the exclusion of certain blood relatives simply by virtue of the fact that they are on the maternal side of the family. We will keep you updated! #willsandsuccession #willsandestates #jerseywills
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It's deeply troubling to see our country closely struggling with the choice we're facing in this election, and I'm not talking about politics or policies. One of the candidates is a convicted felon, a sexual predator, a fraudulent businessman, a serial liar, and an egomaniac who's running a campaign premised on vengeance and retribution against his perceived enemies (including people who defended our constitutional order in the face of his directives to overturn the last election based on lies). The other candidate is a highly qualified, deeply intelligent, law abiding citizen who may differ with your personal views on the appropriate tax level for your income, immigration, and the treatment of transgender people, among other things. The binary choice and consequences of the outcome in this election could not be clearer and should have absolutely nothing to do with politics or policies. Please consider the impact of this election on the most oppressed among us, on our collective safety, and respect for the rule of law. And think about how your children or grandchildren would view your decision. It's time for leaders of all stripes to speak out and for all of us to look inward and do the right thing for sustaining our hard fought freedoms, our way of life, the rule of law, common decency, our national strength, and protections for the weakest members of our society. We are the authors of our story, so let's do what we can to write one that we're proud of.
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